$950K · 3 bed Detached Condo · Franklin, Lake of Bays

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About this home

A Huge 1 Acres Modern Style Luxury Home, Located on a prime ~1.6 Acres Lot Huge 2010 Sq ft Four Seasons House Includes Three huge bedrooms, Two bathrooms, Muskoka room, Great room, Home Office, Eat-in kitchen, Mud room/Laundry, Huge built in Garage, covered porch entrance. One minute walk to the lake, Exclusive Access to the Signature Club, which is located on a large lake and has several amenities including an infinity pool, BBQs area, party room and Gym ., Fully serviced roads all year round,…

Property details

MLS#

X13037458

Status

Buy Now

Property class

Residential Condo & Other

Beds

Baths

2 full, 0 half

Rooms

Kitchens

Size

2000-2249Exact finished sqft not on MLS feed (often MPAC-only on broker systems)

Basement

Unfinished

Style

Bungalow

Type

Detached Condo

Year built

Approx. New yrs

Occupancy: Vacant
Washrooms: 4 pc · Main; 3 pc · Main
Family room: Family room
Central vacuum: No
Ensuite laundry: No
Special designation: Other

Roof: Asphalt Shingle
Foundation: Concrete
Property features: Beach, Golf, Lake Access, Ravine, Skiing, Greenbelt/Conservation

View: Trees/Woods, Valley

Condo corp #: 101
Balcony: None
Locker: None
Fees include: Parking Included
Pets: Yes-with Restrictions

Garage: 2-car Built-In
Garage spaces: 2
Parking: 10 total
Heating: Forced Air
Heating fuel: Propane
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Other
Fronting on: —
Cross street: Highway 60/Echo Hills
Stories: 1
Utilities: —
Laundry: Other
Interior: Other
Parking features: Private

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $949,900✓ $3,344 tax✓ Propane✓ 2000-2249 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,985/mo

incl. closing costs (yr 1)

Annual total

$83,826

year 1

Mortgage only

$3,604/mo

principal + interest

Beyond mortgage

$1,634/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$189,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$279/mo

Utilities

Hydro / electricity$82/mo

≈ $0.07/ft² × ~2,125 ft² · ON avg ~$82/mo

Propane$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$9,499/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$11/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$15,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)52% $43,244/yr

Property taxes22% $18,817/yr

Utilities5% $4,042/yr

Insurance & security2% $1,600/yr

Maintenance11% $9,499/yr

Condo fees2% $1,524/yr

Closing costs6% $5,100/yr

Mortgage is 52% of your true cost of ownership. The other 48% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$43,244	$3,604/mo
Government & taxes
Property tax	$3,344	$279/mo
Land transfer tax(closing)	$15,473	$1,289/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$982	$82/mo
Propane	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$9,499	$792/mo
Condo fees
Condo / HOA fees	$1,524	$127/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$83,826	$6,985/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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1007 Kingsridge Court

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